The commercial world beats a noisy path to a former pariah’s door Burma, long an outcast nation, is starting to see the benefit of political reforms undertaken by President U Thein Sein’s government. Although it is early days, delegations of western businessmen have started to appear on the horizon, looking for opportunity. The reforms are […]
Continue ReadingThe Burmese authorities have halted the construction of a Thai-backed power station, citing concerns over pollution and the environment. The decision on the coal-fired plant at Dawei comes four months after the controversial Chinese-funded Myitsone hydroelectric dam was halted. The move is seen as another indication of burgeoning political and economic reforms. The announcement came […]
Continue ReadingCentara Hotels & Resorts has announced that its latest hotel in Pattaya, Centara Pattaya Hotel, soft-opened recently. The hotel joins two other Pattaya properties that are currently open, and a third that is at present under construction. Centara Pattaya Hotel is located in Central Pattaya, within a few minutes’ walk of the beach, and is […]
Continue ReadingThe new Parliament building may be relocated from the Kiakkai intersection in Bangkok to Saraburi after a delay in its construction, Deputy House Speaker Charoen Chankomol said yesterday. Charoen told Nation TV that the building of the new Parliament complex has been set back due to several obstacles. Among them, the Army and the Bangkok […]
Continue ReadingA new Bangkok based hotel management group Young Star Hotels and Resorts is rolling out four midscale properties in Thailand. Well known hotelier Claude Scheffer has been recruited as Managing Director. The 80 key Star Hotel in Chiang Mai is under renovation and will be relaunched in August. An additional 160 rooms will be added […]
Continue ReadingThe Industrial Estate Authority of Thailand (IEAT) plans to develop four industrial parks along the borders to help promote trade and investment. The plan supports the East-West Economic Corridor development, which aims to link China’s southern provinces with its neighbours in the lower Mekong region, deputy governor Verapong Chaiperm said at the BoI Fair yesterday. […]
Continue ReadingAlthough its major printer factory at Hi-Tech Industrial Estate in Ayutthaya was badly hit by the flood, Canon has demonstrated its commitment to continued investment in Thailand, announcing another Bt6 billion allocated to the set-up of a new factory for multifunction copiers in Prachin Buri. Kazuhiro Kitamura, president of Canon Hi-Tech Thailand, said 100 per […]
Continue ReadingMyanmar awarded 10 onshore oil and gas blocks to eight firms in its biggest energy tender in years and is now offering nine offshore blocks, two Yangon-based sources with direct knowledge of the deals told Reuters on Friday. The winning firms were mostly from Asia, including Malaysia’s Petronas PETR.UL and Thailand’s PTT Exploration and Production […]
Continue ReadingThe Dow Chemical Company (DOW) announced that the SCG-Dow Group, a joint venture between Dow and The Siam Cement Group (SCG), has finalized the start-up of its propylene oxide (PO) facility in Thailand by successfully completing its full capacity performance test. The ground for the PO facility was broken in June 2008. Propylene oxide, a […]
Continue ReadingConstruction to expand Phuket International Airport will not be complete until March 2015 at the earliest, Airports of Thailand Vice President Prathuang Sornkhom confirmed today. ”The design of the airport will not be finalised until the middle of this year,” he told Phuketwan. ”The timetable for what can be done depends on the design being […]
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